BusinessWorld
April 27, 2021 | 7:50 pm
LOMBARDI
THE DEPARTMENT of Energy (DoE) said Tuesday that the government is considering greater involvement in generating power to build up reserves, and has its eye on plants that are in the process of being privatized.
âThere is a question which I have been raising before. Should the government start being involved in generation for the reserve? Will the government build the plant, operate it as a reserve and privatize it as we go along?â Energy Secretary Alfonso G. Cusi said during the Joint Congressional Energy Commission Hearing Tuesday. He added that the country âneeded the capacity.â
ERC holds online meeting on Visayan Electric rates sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.
Published April 25, 2021, 2:12 PM
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate and Bayan Muna chairman former Rep. Neri Colmenares on Sunday (April 25) dared President Rodrigo Duterte to also look into excesses of monopolies in the power industry that have been holding consumers hostage in order to increase electricity rates.
Zarate and Colmenares said Duterte should rattle power monopolies in the way he did water oligarchs when he pointed to the onerous concession agreements for water distribution.
“The constant threat of thinning power supply and brown outs in exchange for higher power rates or more onerous power supply agreements has been the bane of consumers for decades now,” said Zarate.
ERC sets capacity, market share limits for grids bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
SunStar
+ April 06, 2021 THE Mandaue Chamber of Commerce and Industry (MCCI) is calling on Visayan Electric Company to renegotiate its contract with power generators to lower the cost of electricity in their franchise area.
The MCCI wants the Visayan Electric to renegotiate the prices of two of the highest power producers for the distribution utility power generators Cebu Private Power Corp. and Green Core Geothermal Inc.
“A year into the pandemic and everyone is still trying to rise above our different problems. It is very difficult to recover when the businesses are saddled with debts and financial obligations that are piling up. While there are people and businesses that are already in the recovery phase, there are still those who have yet to get back on their feet,” said MCCI president Steven Yu in a statement issued Tuesday, April 6, 2021, noting that both the public and private sectors are still dealing with the effects of the pandemic.